“Issuing longer-dated Treasuries is … 1. A sign you’re broke. 2. A sign you’re desperate for credit. 3. A sign of great weakness to your foreign trade and credit sources. 4. A major Achilles’ heel in our economy. 5. A major mistake, if implemented.”
Read more: http://www.moneyandmarkets.com/more-on-crashing-sovereign-debt-markets-83770
Related posts:
Wall Street Doesn't Understand Bitcoin Yet, But It Will
Survey Finds that 41 Percent of Small Business Owners Have Frozen Hiring Because of Obamacare
Dubious 'bankster' behind Russia’s bid to trademark Bitcoin
Hackers Hit the IRS and Make Off With 100K Taxpayers’ Files
US Fires Back In Antiguan Gambling Spat
US Supreme Court Rejects Marijuana Reclassification Appeal
Pennsylvania county to issue same-sex marriage licenses despite ban
From Eye-Bleeding To Eye-Gouging: Thanks, War On Drugs
Girls: Follow Joe Biden's Shotgun Advice, Or Buy An AR-15?
Synchronized Drone Swarm Takes Flight in Austrian Sky
G. Edward Griffin on Bitcoin with Max Wright and Trace Mayer
NSA Whistleblower Thomas Drake speaks at National Press Club - March 15, 2013
New York: Judge Rules Against Use Of X-Rays During Traffic Stops
Krugman: "The Employment Story is Highly Unimpressive"
This Is Your S&P; This Is Your S&P Without Tuesdays